Property

Managed facility operators are gaining ground as companies rethink office leasing strategies in response to tighter capital conditions and elevated uncertainty, according to Mikko Barranda, director for commercial leasing at Leechiu Property Consultants.

Mead Johnson, a United Kingdom-based nutrition company, is relocating its Philippine headquarters to Uptown Bonifacio in Taguig City, underscoring continued demand for premium office space from multinational firms.

The Philippine property sector is showing signs of an uneven recovery, with office leasing holding relatively firm while residential demand faces growing headwinds.

Ayala Land Inc., the property development arm of the Ayala Group, said its Executive Committee has approved a share buyback program of up to P10.0 billion, signaling confidence in its long-term value while providing near-term support to its stock.

The Department of Human Settlements and Urban Development (DHSUD) reported that its Expanded Pambansang Pabahay para sa Pilipino (4PH) Program delivered housing assistance to thousands of beneficiaries in the first quarter of 2026, as the agency prepares to speed up implementation nationwide.